Uganda’s debt is skyrocketing. Per the Ministry of Finance, Uganda’s public debt increased from $12.55b in June 2019, to $15.27b by June 2020, according to the Daily Monitor. Auditor General Muwanga has raised concerns about this soaring debt from non-concessional loans. Non-concessional loans, particularly those from China, expose national assets and interests to seizure in … Continue reading Uganda’s Debt: Concerns Raised About Loans